From Backlog Boom to AI Ambitions: Planet Labs’ FY2025 Journey

9 months ago

LongYield

"PL (earnings update): Q4 rev $61.6M (+9.6% YoY), FY rev $244.4M (+11%). First profitable Q w/ $2.4M adj EBITDA, but $35.2M net loss. $230M SKY Perfect JSAT deal, $200M NGA contract. Backlog up 115% QoQ to $498.5M. Stock -9.67% AH on earnings miss. FY26 rev guide $260-280M. Aiming for +FCF in 24 months."

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